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14 August 2018 | 2 replies
I'd LOVE it if we could reach our goals together..I'm looking to pick up some properties wholesale. 200 "We Buy Houses" signs are going up around town, plus radio and TV ads.
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1 September 2018 | 2 replies
Think of how your wide screen TV looks.
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19 August 2018 | 4 replies
A Series LLC may be a wise idea for you, since you're looking to hold multiple properties in the near future.
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10 January 2019 | 14 replies
The panel on the wall was wired for electric and an internet connection so they can put a TV there if they want or just hang a picture or mirror if that is their thing.
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16 August 2018 | 22 replies
Let's say, it costs you 1.5K to get your structures in place (holding LLC or Series-LLC, with or without land trusts, with or without separate operations LLC) and 0.5K per year (for maintaining the LLC properly, bookkeeping, lawyer and CPA, etc.) for a total of 2K.
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19 August 2018 | 67 replies
With Series LLCs, that means minimum franchise tax fees of $800 a year for each series.
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10 July 2018 | 1 reply
Fast forward past a wonderful job in CA, I had a series of awful jobs and thought, "there must be a better way".
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11 January 2019 | 24 replies
There has definitely been a shift recently.https://fred.stlouisfed.org/series/SEXRNSA
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19 July 2018 | 6 replies
.($6500 deprecations on ¾ of a 225,000) +($2200 in property taxes. utilities and repairs) +($1000 in depreciation of furniture/TV/Appliances) +($2000 in mortgage interest) ($2500 state and local taxes.)That only equals $14,200, it’s hard to justify taking that over the standard deduction of $12,000 especially because I’ll have to pay back my deprecation eventually (I plan to do 1031 probably, but still ill have to pay it in the future).4.
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27 July 2018 | 8 replies
Rather than get into a complicated series of "consulting contracts" preemptively with each potential Buyer, I was hoping to find a simpler way to collect a referral fee once I'd already done some preliminary vetting.